currency war? we're going have to talk about that all next up. >>> later in the show, ischuckhagel's nominationgoing down in flames? it's definitely frozen for now. hagel has yet to turn over the information of who his foreign funding sources were after he left the u.s. senate. that could kill him. we'll have the latest. and please don't forget, free market capitalism is the best path to prosperity. that includes lower spending and limited government. i'm larry kudlow. we'll be right back. ♪ get ready for a lot more of that new-plane smell. we're building the youngest, most modern fleet among the largest us airlines to ensure that you are more comfortable and connected than ever. we are becoming a new american. all right that's a fifth-floor probleok.. not in my house! ha ha ha! ha ha ha! no no no! not today! ha ha ha! ha ha ha! jimmy how happy are folks who save hundreds of dollars switching to geico? happier than dikembe mutumbo blocking a shot. get happy. get geico. fifteen minutes could save you fifteen percent or mor . welcome back. we'll take a quick look at the stock mark

to do with them, including a stunningly bad performance bychuckhagelinhis senate confirmation hearing today. just listen to what he said about iran. >> we have never ever designated a part of a legitimate government, a state. when i say legitimate, it doesn't mean that we agree with iran, but it is a member of the united nations. almost all of our allies have embassies in iran. so that's why i note an elected legitimate government, whether we agree or not. >> chuck hagel, frequent guest on this show, while he was the u.s. senator. but i've got to disagree. legitimate and elected government? is he kidding me? there were millions of people protesting on the street and we should have helped the green movement stop that election because it was all a fraud. anyway, i think he's nuts on that point. and unfortunately, chuck hagel said a lot of other goofy stuff, too. so we're going to have to get to that soon coming right up. >>> next up, however, how many people are moving out of high-tech states to low-tech states? that's an easy one. should be 100%. the answer is a lot. robert fra

item on the senate's agenda today. they hope to end debate onchuckhagel's nominationand take one step closer to confirming a new defense secretary. but the vote foreclosure fell two votes short of the 60 required. that means they cannot move ahead and tonight mr. hagel's nomination is in jeopardy. ari? >> you have republicans who want to subject the leader of the armed forces to a super majority that we haven't seen before. number one, i'll tell you, larry, this is not going to stick, this is not going to hold. this is theater in washington. the republicans will relent because i don't think they want to leave us without a leader during war time. they are free to object and vote no but let's be clear, what they're doing now is bottling this up -- >> leon panetta is going to stay on. >> he's available. >> he may have to stay on for another year the way this thing is going. >> let's be clear. i think reasonable people should be able to agree on this. this is no way to pick a team, this is not in the constitution, which only has super majorities for certain specific instances for ove

hagel. itjust seems like the president is totally disengaged. no one vetted this guy. it's just crony capitalism, as you said. and the president spoke so vehemently for so long that this was something he was going to put a stop to. >> that's a key point. he talked about transparency and we're not going to have a revolving door. senator, tim geithner made a mistake with his taxes and corrected it and apologized. he apologized on the air, he apologized right here at a conference room. we had a meeting with the guy. this guy lew is sitting around saying i don't know, i don't remember. and these contracts are sweetheart deals and favoritism and revolving door, the type obama said he would stop. >> well, you know, it's a hard thing, but i do think this second term appointment of people in the cabinet, treasury secretary has always been such a plum job and it's been really high quality people. and i don't know jack lew. i've met with him a couple of times, of course. but i had no idea that he had this background. so, you know, i would think he would be forthcoming on the questions and appar